, Singapore
128 views
Photo by Galen Crout on Unsplash

F&B sales growth eases to 0.3% YoY in April

In March, sales grew by 4.9% YoY.

Food and beverage (F&B) sales expanded by 0.3 YoY in April, a more moderate growth compared to March, when sales grew 4.9. 

Month-on-month, sales fell by 0.9%.

Sales value clocked in at $931m. Of the total sales value, 24% was from online sales.

According to the Department of Statistics Singapore (Singstat), two of the four industries recorded year-on-year sales growth in April 2024, led by  Food Caterers, which posted a 21.3 YoY and 12.8% MoM increase. 

Cafes, Food Courts & Other Eating Places recorded a 4.0% YoY and 1.5% MoM sales increase.

On the other hand, Fast Food Outlets and Restaurants reported a 0.7% YoY and 7.5% YoY dip in sales.
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.